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Cable Update (GBPUSD)

  • #368,201
  • Mar 13, 2014 6:43am Mar 13, 2014 6:43am
any thing special about 1.6699 that everybody is short here. I have 1.6715 as a shorting level. shorts from 1.6662 are still there. rest all shorts cleared at 1.66 yesterday.
  • #368,202
  • Mar 13, 2014 6:45am Mar 13, 2014 6:45am
Quoting elbert3
pp and holding long see what happens might get a jump up ?
price is stalling at 6697, mkt is up to something, maybe a jump to 6720
  • #368,203
  • Mar 13, 2014 6:49am Mar 13, 2014 6:49am
Quoting gammase1
which gifts the trader with the obvious option to position themselves in the same direction as the flows that will shortly hit the market.
easy money - the equivalent (front running) is banned in other markets right?
  • #368,204
  • Mar 13, 2014 6:53am Mar 13, 2014 6:53am
Quoting giveachance
I have 1.6715 as a shorting level. shorts from 1.6662 are still there. rest all shorts cleared at 1.66 yesterday.
GU H4

I have 713 marked - but there it starts to look like breakout material (to me at least) ... let's see
Attached Image (click to enlarge)
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  • #368,205
  • Mar 13, 2014 6:54am Mar 13, 2014 6:54am
Quoting ArekJP
same here shorts from 1.6698 GL
have you checked your nz ?? could be making a new channel to 86?? just i though
  • #368,206
  • Mar 13, 2014 6:56am Mar 13, 2014 6:56am
Quoting chazzle
{quote} GU H4 I have 713 marked - but there it starts to look like breakout material (to me at least) ... let's see {image}
didn't have to see for very long - bailed on my short already
  • #368,207
  • Mar 13, 2014 6:56am Mar 13, 2014 6:56am
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 119 KB
looks strong to me ?????????
  • #368,208
  • Mar 13, 2014 6:57am Mar 13, 2014 6:57am
and I am short at the level I mentioned 1.6715. that is a level fibs like targetting. dream run seems to be over for today. further gains depend on the euro.
  • #368,209
  • Mar 13, 2014 6:59am Mar 13, 2014 6:59am
well other traders post help alot so have scalped a total of 70 pips today less the spread puts me 55 net so as my target is 50 daily would say good look for the rest of the day to you all .. my uncle albert used to say why do only fools and horses work, now i understand what that means.. thanks Del
  • #368,210
  • Mar 13, 2014 7:01am Mar 13, 2014 7:01am
you know what this is like when it starts pushing either way ? gl guys
  • #368,211
  • Mar 13, 2014 7:02am Mar 13, 2014 7:02am
Quoting elbert3
{quote} have you checked your nz ?? could be making a new channel to 86?? just i though
yeah, seen it - out on +
  • #368,212
  • Mar 13, 2014 7:03am Mar 13, 2014 7:03am
Quoting Kajos2250
GU H4 GMT+3 Lets see can this bullish pin at support wake up the bulls to reach the next mid resistance ~6762 or major resistance~6853 ?! Buy limit 6639. First target and BE at WPP ~6711. Invalidation if price could close under ~6658. Good luck! {image}
First target reached, 1/3 long closed, remaining 2 at BE .6639 and BE+20 .6659.
Hoping GU can left the WPP ~6711 and it can target the last weekly high/WPR1~6783.
2nd target .6762.

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicroh4.png Size: 65 KB
Anything is math!
  • #368,213
  • Mar 13, 2014 7:04am Mar 13, 2014 7:04am
Quoting PayTheLimit
sell some 6697, risk 6709...
blew through there like cheese...-12
Look Sharp/Trade Tight
  • #368,214
  • Mar 13, 2014 7:05am Mar 13, 2014 7:05am
Quoting giveachance
and I am short at the level I mentioned 1.6715. that is a level fibs like targetting. dream run seems to be over for today. further gains depend on the euro.
hi gc i have to say 6571 to here, but jumped in and out, and was not a bad call after that bunching ,,,sorry regards and respect E i could not help that but good luck
  • #368,215
  • Mar 13, 2014 7:08am Mar 13, 2014 7:08am
Attached Image (click to enlarge)
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update from before,, the price is far away from the tecs now should take the money and wait ,or short but risky knowing what this thing can do sl has to be tight gl
  • #368,216
  • Mar 13, 2014 7:12am Mar 13, 2014 7:12am
Quoting Kajos2250
{quote} First target reached, 1/3 long closed, remaining 2 at BE .6639 and BE+20 .6659. Hoping GU can left the WPP ~6711 and it can target the last weekly high/WPR1~6783. 2nd target .6762. Good luck! {image}
i was holding short from last week 6709 , but had trades up and down but now all good gl
  • #368,217
  • Mar 13, 2014 7:19am Mar 13, 2014 7:19am
will try some longs at 6660, risk 6648 if the chance presents itself...bbl, gl, PTL
Look Sharp/Trade Tight
  • #368,218
  • Mar 13, 2014 7:22am Mar 13, 2014 7:22am
long for 750 ish - will add at 695 stops at 670
  • #368,219
  • Mar 13, 2014 7:23am Mar 13, 2014 7:23am
Quoting elbert3
{quote} hi gc i have to say 6571 to here, but jumped in and out, and was not a bad call after that bunching ,,,sorry regards and respect E i could not help that but good luck
Elbert no doubt its a euro driven move. The first 50 pips was euro adjustment. The second 50 was sl driven. So after we clear them back to 1.6652
  • #368,220
  • Mar 13, 2014 7:23am Mar 13, 2014 7:23am
Quoting elbert3
{quote} i was holding short from last week 6709 , but had trades up and down but now all good gl
My day trades are empty at the moment, i am waiting some retrace to last flag ~6690-80 to take some risk on long side again. Daily range is wide a little bit to average ranges...

Good luck!
Attached Image (click to enlarge)
Click to Enlarge Name: GU_M15.JPG Size: 133 KB
Anything is math!
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